Clean Max Enviro Energy Solutions Ltd, a leading commercial & industrial renewable energy provider, listed on March 2, 2026, with a muted debut, trading at a 9.57 percent discount on BSE (Rs 952.20) and 8.83 percent on NSE (Rs 960) against its Rs 1,053 issue price. The Rs 3,100-crore IPO, which saw 94 percent subscription, comprised a Rs 1,200-crore fresh issue and Rs 1,900-crore OFS.

Clean Max Enviro Energy Lists At 10% Discount On BSE & NSE Against ₹1,053 Issue Price

Clean Max Enviro Energy Solutions Lists with 10% Discount on Debut

Clean Max Enviro Energy Solutions Ltd, a leading commercial and industrial renewable energy provider, made its stock market debut on Monday with a significant discount of nearly 10 per cent against its issue price of Rs 1,053.

The stock started trading at Rs 952.20 on the BSE, a decline of 9.57 per cent from the issue price.
On the NSE, the stock listed at Rs 960, a discount of 8.83 per cent from the issue price.

The company's market valuation stood at a substantial Rs 10,111.54 crore, indicating a significant presence in the renewable energy sector.

The initial public offer (IPO) of Clean Max Enviro Energy Solutions Ltd received a robust 94 per cent subscription on the last day of share sale on Wednesday, showcasing investor interest in the company.

The Rs 3,100-crore IPO had a price band of Rs 1,000-1,053 per share, offering investors a range of options.
The IPO consisted of a fresh issue of shares worth up to Rs 1,200 crore and an offer-for-sale (OFS) of shares valued at Rs 1,900 crore by promoters and an investor shareholder.

CleanMax, founded in 2010, specialises in net zero emissions and decarbonisation solutions for commercial and industrial customers, offering a range of innovative services including:

Renewable Power Supply: wind, solar, hybrid power solutions
Energy Services: comprehensive energy management and efficiency solutions
Carbon Credit Solutions: helping customers achieve net zero emissions and reduce carbon footprint